Standard Life says talks with FSA will not delay flotation - papers 11th Oct

In the face of reports the Edinburgh-based insurer could postpone its float until 2007 because of regulatory concerns, Standard Life insisted its plans were still on track for next year, according to the paper. The flotation and demutualisation of Standard Life is expected to take place around next July under the current timetable which would need the insurer's 2.4m policyholders to vote on the plan at a policyholder meeting next year. BRITAIN WILL today urge the European Union (EU) to tear up laws that fail to deliver benefits to the financial services industry, urging member states to...